bitcoin benefit of saving for a long time?

[Creepings]

Many people keep their bitcoin in wallet for long-term investment. They believe that bitcoin prices will keep going up. Therefore they do not sell them bitcoin, but save  bitcoin them bitcoin, I am also one of the bitcoin holder because I believe bitcoin prices will keep going up .

There are a lot of kind of bitcoin holders and there is two that is the most common. That two is the one who enjoys the price and the one who hopes that it will increase more, the same traits of these people is that they do not really spend their bitcoin, the difference is that the one is enjoying the price but the other is not since he is thinking it will be pumping more.

[zedrickjuls]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

If there many people who save and keeping their bitcoins, it is because they believed keeping it will give them a big profit in the future once bitcoin reach the high price value especially this year most community in this industry they are expecting before end of this year bitcoin will become 3000$.

Yes,it's really True that keeping and saving bitcoin for a long time is beneficial to the holder because the value of bitcoin is rapidly increasing,their investment give them a lot of profit,so if i have a bitcoin too,i will do the same thing,keeping and saving my bitcoin in my wallet and wait until the value of bitcoin reach $1million.

[tayogpanganiban]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

There's always a benefit for a bitcoin holder for keeping or saving their bitcoin for a long time because there's always a possibility that you earn more profit by keeping it.Bitcoin always rises it's value.The long you will save it the more profit you gain.For,me its always the best thing to do do so that you have money for your future.

[meshow1]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

For me bitcoin benifits of saving for a long time so if you save money then suddenly a emergency came out you can get some of your money in your walllet and you can use it in emergency situation.

[KrisAlex18]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

We all know how essential holding your bitcoin here is, it allows you to recieve larger amount of profit specially when you are going to save it for a longer due. Saving your bitcoin should not be done without any observation on what's happening in the market because you should base there how long you should hold your bitcoin. It can't always result to good things because there are still pumps so be mindful.

[Watashi Yamashita]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

There's a big advantage whenever you are saving your bitcoin for a long time. One of the main reason why people tend to store their bitcoin for a long time is because of the volatility of bitcoin. Usually, the value of bitcoin rises so it will surely benefit you if you are going to hold your bitcoin. Still, although there's an advantage, there's still a disadvantage if you are not going to observant, there are dumps so watch out for it.

[shahani]

All bitcoiner are free on how they manage their bitcoin. For me it's quite the same benifit either long time savings or short time savings.

[princesspoppy]

Most people saves money for their future. They believe that sooner or later, bitcoin will increase it's price and because of that they will benefit a lot from it. They also believe that bitcoin will become future currency that will give them easier transactions with less hassle and also it will be used in case of emergency.

[poldanmig]

All bitcoiner are free on how they manage their bitcoin. For me it's quite the same benifit either long time savings or short time savings.

like this, I think the longer the bitcoin is stored the bitcoin gets more profitable, because sometimes the bitcoin every time every day can go up, but sometimes it goes down too. so we just have to stay tuned.

[cybersofts]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts

Bitcoin is very valuable today because it has a limited supply and that is also the major reason why people are holding bitcoins. The value is growing very fast in an exponential rate because bitcoin has a limited supply of only 16.7 million bitcoins in circulations worldwide. The demand of bitcoin is higher than the supply, that's what makes bitcoin a good investment because the price will always go high. Bitcoin is a very good investment because it gained over 2000% increase in value last year 2017 that is all based on pure profit.

[Jembut Ireng]

Yes true, if we have a bitcoin since 9 years ago when the price is not more than $ 1 then surely we will become a millionaire now, and if this wants to happen again then we must saving bitcoin for 9 years into the future.

[Bondho Kompeni]

Many users can not wait to wait, most of them are always profit-taking when feeling profit, with the fact that users continue to increase then we have to be patient to wait a long time so we can get big profit.

[dragoz11]

They store it into their wallets because they do believe that one day in future btc will be worth much more than it is now and they would become millionaires just the previous holders.

[Cointertrade]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Bitcoin is the cryptocurrency that will really give you financial freedom, it turns your financial difficulty into good one. Therefore people stored their bitcoin because they firmly believe that bitcoin will rise again just like what happen last year. So I think storing your bitcoin will really benefited you a lot if and only if bitcoin will continue to rise.

[herecomesjohnny]

Bitcoin has a great potential and with the potential, there also comes the great, it could be called also passive, income. The great benefit of the long-term profit awaits the ones that are eager enough to be patient and to hold Bitcoin till the growth will be stabilized.

[elash]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

My auntie who share her knowledge about bitcoin, she use to store her bitcoin because when the time come that the price of bitcoin increases of course she can get the higher return of it, they store it and waiting to increase the price of bitcoin and I think that's the best reason behind why they store their bitcoin.

[gg20222]

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned.

[Wewe Gombel]

Is the right thing if we get a big profit by being patient to wait until long, this applies to any type of investment like gold, stock or property, it takes a long time to get big profit.

[Xanxus024]

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Those people who stored their bitcoin in their wallet obviously want to reach the high price of bitcoin because bitcoin is like an asset. Others do they buy bitcoin and take advantage on that because of the faster grow of bitcoin price so they can get a high profit but there is a chance that you will also lose if bitcoin drop so better don't panic if that is happen.

[OrangeSeller]

Most people saves money for their future. They believe that sooner or later, bitcoin will increase it's price and because of that they will benefit a lot from it. They also believe that bitcoin will become future currency that will give them easier transactions with less hassle and also it will be used in case of emergency.

Bitcoin is very good at investing it for sake of longer terms and bitcoin delivers 500% profit to the pioneers who invested earlier because the rates of bitcoin are mostly in rising state and It gives a lot of profit in past and now it is heading toward the new record values and the best way to secure your future is bitcoin simply invest into it and then sell your coin in time of need and you will be blessed with more than you expect.